Traders aggressively increased their net-long exposure to the US dollar index (DXY) ahead of last week’s FOMC meeting. Commitment of traders – as of Tuesday 28th June 2022: Positioning among FX majors were relatively small Read more…
Australia’s Department of Industry, Science and Resources said in a new quarterly report that resources and energy exports earnings are expected deliver two successive record years in 2021-2022 and 2022-2023, before falling slightly in 2023-24 Read more…
DXY: On the H4, with RSI moving along an ascending trendline and prices moving along the ascending trendline, we have a bullish bias that bullish momentum will carry prices to 1st resistance at 105.794 where Read more…
We start the week with the psychology of the market shifting radically from inflation concerns to one now where we’re firmly focused on growth. Friday’s US ISM manufacturing report showed a big deterioration in the Read more…
EUR/USD: The Dollar Is Gaining Strength Again The EUR/USD pair moved in a sideways channel of 1.0500-1.0600 for a week and a half. However, it is clear that neither investors nor speculators are interested in Read more…
Pirates of the Caribbean has a big new rival. Disney World first opened in 1971. The resort is roughly 25,000 acres and it often seems like it’s a universe onto itself. It is considered the Read more…
Michael Jackson’s home on the Las Vegas Strip (at least one of them) closes its doors for good. In Las Vegas, everything has an end date. Casinos and resorts seemingly need updates nearly as soon Read more…
Sunrise to sunset, retailers and restaurants want your business on the Fourth of July. The Fourth of July weekend is a great time to seek out bargains and discount deals from restaurants and retailers. Start Read more…
A popular entertainer is ready to reschedule a series of performances that were cancelled at the Colosseum at Caesars Palace on the Las Vegas Strip. Anytime a popular entertainer is forced to postpone or cancel Read more…